Tuesday, July 5

These will be the cheapest hours on Thursday to save on the bill

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The price of electricity soared again this Thursday after the collapse of the previous day, reaching the 216.74 euros per megawatt hour (MWh), 21.46% more expensive than a month ago. The maximum time slot, and preferably to be avoided, will be between 8:00 and 9:00 p.m., while the minimum price will be recorded between 4:00 and 5:00 in the morning.

Peak and valley hours

  • The cheapest: from 4 to 5 at € 0.23372 / kWh
  • The most expensive: from 8pm to 9pm at € 0.34525 / kWh

In annual terms, the price for this Thursday, December 9, will be 4.5 times higher than just a year ago, when electricity cost 47.52 euros / MWh.

The prices of the ‘pool’ have a direct effect on the regulated tariff -the so-called PVPC-, to which almost 11 million consumers in the country are welcomed, and serves as a reference for the other 17 million that have contracted their supply in the free market .

The price of electricity hour by hour

  • 00-01 0.26506€/kWh
  • 01-02 0.23743€/kWh
  • 02-03 0.23474€/kWh
  • 03-04 0.23401€/kWh
  • 04-05 0.23372€/kWh
  • 05-06 0.23731€/kWh
  • 06-07 0.24511€/kWh
  • 07-08 0.29635€/kWh
  • 08-09 0.32593€/kWh
  • 09-10 0.31999€/kWh
  • 10-11 0.32732€/kWh
  • 11-12 0.30529€/kWh
  • 12-13 0.29143€/kWh
  • 13-14 0.28972€/kWh
  • 14-15 0.27763€/kWh
  • 15-16 0.29039€/kWh
  • 16-17 0.30708€/kWh
  • 17-18 0.32075€/kWh
  • 18-19 0.34098€/kWh
  • 19-20 0.34246€/kWh
  • 20-21 0.34525€/kWh
  • 21-22 0.33083€/kWh
  • 22-23 0.2975€/kWh
  • 23-00 0.261€/kWh

Why is the price of electricity going up?

The rise in prices in the electricity market in recent months is mainly explained by high gas prices in the markets and carbon dioxide (CO2) emission rights, at record highs this year.

With this rise, the electricity bill of an average user with the regulated tariff -the so-called PVPC- stood at November at 115.18 euros, 68.1% above the 68.50 euros for the same month last year, thus being the second most expensive bill in history after last October, according to data from Facua-Consumidores en Acción .

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Reference-www.abc.es

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